Published Aug 22, 2025 | Last updated May 29, 2026 | Cyber security, Industry, OpenRisk
With virtually all industries having undergone some form of digitalisation, cybersecurity has become more pertinent than ever. The relevance of cybersecurity is also reflected in Google searches. The search term ‘Risk management’ remained steady over the...
Published Jul 2, 2025 | Last updated May 8, 2026 | Industry, OpenRisk
Bowtie diagrams are a graphic tool that are shaped like a bow-tie. Bowtie’s are centered around an unwanted event (top event) with preventative barriers to the left and mitigating barriers to the right of the top event. In this way, the bowtie visualises how threats...
Published Jun 24, 2025 | Last updated May 8, 2026 | Industry, OpenRisk, Uncategorized
As the oil and gas industry advances with complex operations and technologies, managing the inherent risks associated with loss of stability has become a critical priority. Loss of stability events, such as structural failures, and equipment collapse can lead to...
Published Jun 24, 2025 | Last updated May 8, 2026 | Industry, OpenRisk, Uncategorized
Loss of Well Control (LoWC) is one of the most severe incidents in the oil and gas industry. It refers to situations where the pressure in a well can no longer be managed safely, potentially resulting in blowouts, fires, environmental damage, and loss of life. Causes...
Published Jun 13, 2025 | Last updated Jun 27, 2025 | Barrier Management, Industry
Why uncertainty deserves a spotlight Uncertainty is inherent in safety-critical industries; no data set is ever complete, and Presight openly accepts and highlights this reality. By clearly showing gaps, limitations and variability in the data, the platform lets...